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New Deal


Announced

Completed

Sangoma Technologies completed the acquisition of NetFortris for $80m.

Financials

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Transaction Value£60m
Consideration TypeOrdinary Shares, Contingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Acquisition

Completed

Cross Border

Software

Single Bidder

Majority

communication software

United States

Private

Synopsis

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Sangoma Technologies, a provider of hardware and software components, completed the acquisition of NetFortris, a provider of hosted network communication services, for $80m. “The acquisition of NetFortris further extends that strategy in such a perfectly natural manner. Not only can customers already get from Sangoma all the ‘aaS’ products they use today, but now they will also be able to obtain all the other cloud-based MSP services they know they need, such as managed network security, managed access, and managed SD-WAN. This truly is ‘one stop shopping’ for our customers, and it taps into that very important new trend that so many of us in the industry see starting to emerge,” Bill Wignall, Sangoma President and CEO.

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